Inflation in Colombia

La inflación en Colombia

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Luis Eudoro Vallejo Zamudio

Abstract

In recent months, inflation has presented a significant increase. Since February 2015
has been above the upper limit of the range set by the Colombian Central Bank,
fixed between 2 and 4 percent. As it is known, inflation is the continuous and sustained
increase of the general price level,which is one of the objectives of economic policy
in any country. Hence, the monetary authority will always use the tools necessary to achieve the target set in the macroeconomic projections.

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